Search This Blog

Schnaap Rules

Sunday, April 29, 2018

AMD shrugged off one of Wall Street’s biggest concerns about cryptocurrency mining (AMD)

AP Photo/Matthias Rietschel AMD told analysts on its first quarter earnings call that it’s not worried about second-hand graphics chips flooding the market as the interest in crypto dies down. Cryptocurrency mining made up 10% of the company’s first quarter revenue, the CFO said. Shares surged more than 9% following its expectations-topping earnings results. Follow […]

The post AMD shrugged off one of Wall Street’s biggest concerns about cryptocurrency mining (AMD) appeared first on Blogging Blog.

Indiae